The state: Agent or proprietor?
Herschel I. Grossman
Economics of Governance, Vol. 1, Issue 1, 2000
This paper addresses the following question: Does characterizing the state to be an agent of its citizens provide a useful "as if" framework for positive analysis of economic policy? Or, can we understand economic policy only by explicitly characterizing the state as proprietary, the instrument of the ruling elite?
Keywords: Political Economy, State, Ruling Elite, Credibility, Economic Policy
JEL Classification: D78Accepted Paper Series
Date posted: September 19, 2000
© 2013 Social Science Electronic Publishing, Inc. All Rights Reserved.
This page was processed by apollo1 in 0.296 seconds